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UBS Reiterates Neutral Rating on Comcast Corp (CMCSA)

June 23, 2026 9:04 AM

UBS analyst John Hodulik reiterated a Neutral rating and $32.00 price target on Comcast Corp (NASDAQ: CMCSA).

The analyst commented, "We expect 2Q results to reflect higher connectivity EBITDA declines while content improves amid fewer NBA games + playoff ad and Peacock reaching profitability, net of moderating parks growth with headwinds from attendance in Orlando/Japan. We are updating 2Q estimates to reflect softer parks and now look for total company revenue to grow 1.6% and EBITDA to decline 6.6% in 2Q adj. for Versant (+2.0%/-6.3% prior). We continue to model gradual improvement in 2H as new pricing/packaging at connectivity and the NBA deal is lapped while political ad ramps (UBSe 3.2% revenue and -3.5% EBITDA for 2026 largely in line)."

For an analyst ratings summary and ratings history on Comcast Corp click here. For more ratings news on Comcast Corp click here.

Shares of Comcast Corp closed at $22.32 yesterday.

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